MGT 330 Week 5 Learning Team Assignment Control Mechanisms Paper

Apr 9th, 2015

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Control Mechanisms1Control MechanismsUniversity of PhoenixMGT/330Control MechanismsBusiness control systems, although sometimes complex in practice, are quitestraightforward in concept. Control systems are designed and implemented as a means to controlresources and to ensure that employees act in a manner that is beneficial to their organization.Effective managers can use control systems as a tool to make sure activities are carrying on asplanned. Our restaurant for this topic is Yard House, a small restaurant chain known for itsexcellent food and large selection of draft beers. The Yard House implements control functionslike budgetary, financial, market, and clan.Budgetary control is a common control and in general, can be implemented into anyorganization including the Yard House. Budgetary control is the process of finding out whatsbeing done and comparing the results with the corresponding budget data to verifyaccomplishments or remedy differences. Budgetary control commonly is called budgeting(Thomas S. Bateman, 2009). It is important for a small business like a restaurant to establish abudget in order to track progress and measure financial health. A sales expense budget sheetprovides expected sales, estimated expenses, and a profit estimate. This is a common documentassociated with budgetary control. Financial controls are similar to budget controls in that bothcontrols help an organization assess financial heath and track progress. The